Viasat (VSAT) is trading higher as investors continue buying satellite-communications names in a broad sympathy rally tied to takeover chatter in the space. The catalyst is renewed attention on the strategic value of satellite spectrum, constellations, and ground infrastructure after reports that Amazon is in talks to acquire Globalstar in a deal valued around $9 billion, which has helped reprice multiple publicly traded satellite peers.

A potential large-dollar transaction in satellite communications can reset valuation anchors across the group, especially for companies with spectrum holdings, network assets, and established enterprise/government relationships. Even without direct involvement in the rumored transaction, Viasat can benefit from the market’s shifting view that scarce orbital and spectrum assets may command higher strategic premiums than previously assumed.

Traders will be monitoring for concrete deal updates around Amazon and Globalstar, plus any follow-on strategic moves among other satellite operators and ecosystem partners. For Viasat specifically, investors will also watch for incremental commercial aviation connectivity wins and any updates from the company’s own communications and defense programs that could validate a higher sector valuation backdrop.